ABBEYBDS Declares N85.9m profit in Q3 2019 Results,(SP:N1.00k)


Monday, October 28, 2019 / 5:55 PM / NSE / Header Image Credit: Abbey Mortgage Bank

Abbey Mortgage Bank Plc released its Q3 unaudited 2019 results for the period ended September 30th, 2019.


Key Highlights

Revenue grew by 26.01% to 1.2bn from 982.4m from the previous quarter.

Profit before tax declined by 205.6% to N101.07m.

Profit after tax declined by 189.77% to N85.9m.

Net Assets grew by 1.6% to 5.54bn from 5.46bn as at September 30, 2019.

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